Business News
Foreign Capital of IDR 7.74 Trillion Hit the Country This Week
Bank of Indonesia (BI) recorded that foreign capital inflows to the domestic financial market amounted to IDR 7.74 trillion on August 8-11, 2022. Executive Director and Head of BI Communications Department Erwin Haryono, foreign capital inflows through Government Securities (SBN) amounted to IDR 4.29 trillion and the stock market amounted…
Lobster to be Exported Directly from West Nusa Tenggara
The development of a lobster village cultivation area in Telong-Elong, Jerowaru, East Lombok Regency continues to be a process. The master plan has also been finalized. The Ministry of Marine Fisheries (KKP) is committed to realizing this lobster village. It is projected that by 2023, NTB will already become a…
Palm Fruit Prices Continue to Rise On The Back of Increasing Exports
The price of fresh palm fruit bunches (FFB) in North Sumatra has soared or has reached IDR 1,630 per kg at the beginning of this week driven by increasing exports. "Alhamdulillah, the price of FFB continues to rise. Earlier this week, the price at the factory was IDR 1,630 per…
Vice Minister of Trade: People's Trade Contributes to Economic Growth
Deputy Minister of Trade (Wamendag) Jerry Sambuaga stated that people's trade contributed to national economic growth of 5.44% in the second quarter of 2022 as released by the Central Statistics Agency (BPS)." I have been around in the markets in different regions. Indeed, there is a steady post-pandemic economic resurgence.…
